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SBI Card ELITE
92/100
SBI Card
A premium all rounder for big lifestyle spends and frequent travel.
Credwiser Score 92/100

SBI Card ELITE

SBI Card • A premium all rounder for big lifestyle spends and frequent travel.

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This is SBI Card's flagship lifestyle card with higher rewards on dining, groceries and departmental stores. It adds movie ticket benefits, milestone bonus points and both domestic and international lounge access. The annual fee is high, so it works best when yearly spends are large enough to earn the waiver and milestone rewards.

Annual Fee (+ 18% GST)₹4,999 (₹5,899 incl. GST)
Fee Waiver₹10,00,000 annual spend
Joining PerkWelcome e-gift voucher worth ₹5,000 from select lifestyle and travel brands on joining.
Primary Reward5X reward points on dining, groceries and departmental stores, and 2 points per ₹100 on other eligible spends.
Airport Lounge Access8 Domestic Lounge visits per year (2 per quarter) and 6 International Lounge visits per year through Priority Pass (max 2 per quarter).
Forex Markup1.99% + 18% GST
RuPay UPINo
Best ForHigh spenders who want premium lifestyle rewards, movie benefits and lounge access in one card.

What We Like

  • Higher reward rate on dining, groceries and departmental store spends
  • Domestic and international lounge access included
  • Lower foreign currency markup than standard SBI cards

Watch Out

  • Annual fee of ₹4,999 plus GST is steep for low spenders
  • Fee waiver needs ₹10,00,000 annual spend
  • Base reward rate on other spends is modest

MITC & Hidden Charges

18% GST applies to annual fee (Total ₹5,899). Other charges as per the issuer's MITC.

SBI Card ELITE FAQs

What is the annual fee of SBI Card ELITE?

The annual fee is ₹4,999 plus GST, and it is waived on annual spends of ₹10,00,000 or more in the preceding year.

How many lounge visits does SBI Card ELITE offer?

It offers 8 domestic lounge visits per year and 6 international lounge visits per year through Priority Pass, subject to quarterly caps.

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